The Diploma of Applied Anti Money Laundering and Counter Terrorism Financing Management is a workplace focused qualification, developed jointly by AFMA and the International Compliance Association (ICA). Based on the ICA’s globally-recognised international AML/CTF qualification, the diploma covers international and Australian principles, laws and practice.

Who should enrol?

The Diploma is designed for anti money laundering and counter terrorism financing professionals who already have some experience. It provides the detailed theoretical knowledge and practical skills AML/CTF practitioners need to undertake their responsibilities effectively and efficiently, and advance their careers.

What will you achieve?

Successful completion of the course means that you achieve the following:

  • Diploma of Applied Anti-Money Laundering and Counter Terrorism Financing Management , FNS51710, a nationally recognised qualification. You will be entitled to use the post nominal Dip. AML/CTF.
  • The ICA International Diploma in Anti Money Laundering which is awarded in association with the University of Manchester Business School. This internationally recognised honours degree level qualification is mapped against international occupational standards of competence in AML/CTF. Some universities may give credit for the work that is completed against a masters’ degree level qualification.
  • Eligibility for professional membership of the ICA and use of the designation MICA (Member of the ICA) and, after 5 years, FICA (Fellow of the ICA).
  • On successful completion of the program the delegate may display post nominals as follows: John Smith: Dip. AML/CTF; Int Dip (AML); MICA.
  • Employees of AFMA member organisations may be eligible for AFMA Accredited Individual status on successful completion of the diploma.

How is the program structured?

The Diploma of Applied Anti Money Laundering and Counter Terrorism Financing Management comprises three modules, completed via a combination of workshop attendance, self-study, online support and assessment.

The components of the program are:

  1. Module 1: Anti money laundering and counter terrorist financing – laws, guidelines and frameworks
  2. Module 2: Operational controls
  3. Module 3: Designing and developing Part A of the AML/CTF program

    Each module is self-standing and can be studied by itself; it is not necessary to enrol in all three modules. However to obtain the Diploma qualification all three modules need to be successfully completed. Candidates successfully completing a single module will receive a Statement of Attainment. It is strongly recommended that individuals wishing to build a career in AML/CTF complete all three modules as the qualification is constructed as an integrated program providing a complete professional training for AML/CTF officers.

    More information

    For detailed information on the Diploma of Applied Anti Money Laundering and Counter Terrorism Financing, please read through the information below.

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